Anteseden dan Konsekuensi Carbon Emission Disclosure (Studi Kasus pada Perusahaan Minyak, Gas dan Batubara di Negara Anggota Non Annex 1)

Ambarwati, Ambarwati (2017) Anteseden dan Konsekuensi Carbon Emission Disclosure (Studi Kasus pada Perusahaan Minyak, Gas dan Batubara di Negara Anggota Non Annex 1). Jurnal thesis, STIE YKPN.

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Abstract

The purpose of this study is to determine the characteristics of companies that voluntarily disclose carbon emission and to examine the effect of carbon emission disclosure on economic consequences. Companies used as samples are oil, gas and coal companies in Non-Annex 1 member countries registered in the Osiris database. The observation period is from the commencement of the Kyoto Protocol's second commitment to date or from 2013 to 2016. Measuring carbon emission disclosure is by using a checklist developed based on an information request sheet from CDP (Carbon Disclosure Project). An assessment of the extent of disclosure is made using the content analysis method. Company characteristics are proxied with leverage, profitability and firm age, while economic consequences are proxied by using bid-ask spreads, trading volumes and share price volatility. Data analysis method used in this research is Partial Least Square (PLS) method using WarpPLS 4.0 application. Test results show that leverage, profitability and firm age have positive effect on carbon emission disclosure. Furthermore, the test results show that carbon emission disclosure has a positive effect on trading volume and has a negative effect on bid-ask spreads and share price volatility. The above findings imply that firms with higher leverage, higher profitability positions and longer the company's age willing reveal higher carbon emissions disclosure. The more information contained in carbon emission disclosure, the more investors are interested in trading transactions on the company's shares and the broader the carbon emission disclosure, the less bid ask spreads and the less volatility of stock prices.

Item Type: Thesis (Jurnal)
Additional Information: Tesis dapat dibaca di Perpustakaan dengan call number AMB a 363/2017
Uncontrolled Keywords: carbon emission disclosure, leverage, profitability, firm age, bid- ask spread, trading volume, share price volatility
Divisions: Program Pasca Sarjana > Jurnal Tesis Magister Akuntansi
Depositing User: Pustakawan STIE YKPN
Date Deposited: 08 Jul 2019 02:34
Last Modified: 08 Jul 2019 02:34
URI: http://repository.stieykpn.ac.id/id/eprint/237

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